The internal conflict of the Gala Games co-founders has led to dueling lawsuits, each alleging serious misconduct by a former partner

Eric Schiermeyer, CEO of blockchain gaming platform Gala Games, has filed a lawsuit against Wright Thurston and his investment firm True North United Investments, accusing him of stealing approximately $130 million in GALA tokens.

The lawsuit alleges that between September 2022 and May 2023, Thurston, in a breach of trust, stole digital assets belonging to Gala Games.

He then exchanged them through a “complex web of intricate transactions.”

In addition, Schiermeyer accuses Thurston of misappropriating licenses to operate nodes in the Gala ecosystem that can yield GALA tokens.

In his counterclaim against Eric Schiermeyer, Wright Thurston denied the charges against him and claimed that Schiermeyer was guilty of embezzling millions of dollars and using company assets for personal gain.